New Jersey Commercial Mortgages | NJ Commercial Loan Financing
If you are in the market for a New Jersey commercial mortgage or refinancing, Commercial Loan Direct (“CLD”) can help.
Benefits of CLD Financings:
CLD is a wholesale commercial mortgage lender that can arrange commercial loan financing for properties in New Jersey and nationwide. You’ll pay no fees for their quick and easy application, nor are any lender points charged. In addition, there is no yield maintenance or defeasance.
Commercial Loan Direct, unlike almost all other lenders, doesn’t actually service its loan originations. Instead it concentrates on what it is really good at – locating and closing new loans, loan product development and proven customer service.
Most importantly, because of their unique business model, CLD operates on a low cost structure. This means their New Jersey commercial loan clients benefit by receiving industry low rates – combined with very low costs of closing.
In the past dozen years, CLD has become one of America’s top originators of commercial debt. They can offer you the benefit of their professional staff’s broad experience in underwriting and closing commercial financings, combined with an ultra modern web-based lending platform.
CLD Loan Offerings:
Commercial Loan Direct utilizes a three-tiered lending model for both its commercial lending and apartment and multifamily loans. This is comprised of small, mid and large balance loans (covering loans from $750,000 to $25 million and up). It also offers a wide variety of supplemental financial vehicles in conjunction with governmental, life insurance, real estate and bank trust programs.
Loans are available both for investor and owner-occupied properties in New Jersey, with up to 30 year terms and 90% financing. You’ll also find unrestricted cash out features.
In addition, CLD also offers conduit loan financing (using the commercial mortgage-backed securities market) for its New Jersey borrowers. These realty loans require a minimum principal loan of $1million, with no maximum.
Below you can check out both the various types of New Jersey commercial loan financing options available to you, as well as some of the many types of commercial properties that can qualify for CLD’s commercial mortgages in New Jersey.
Types of Loans Available:
Small Commercial Loans $.75-5 million; Mid Commercial Loans $5-25 million; Large Commercial Loans +$25 million; Bridge Commercial Loans; Construction Loans; SBA Loans; USDA Loans; Apartment and Multifamily Financing; Equipment and Inventory Financing; Factoring; Refinancing; and Conduit Financing
Types of Properties that Qualify:
Affordable Housing, Apartments, Auto Repair, Auto Dealer, Assisted Living, Bowling Alley, Car Wash, Church, Commercial Construction, Condominium, Congregate Care, Daycare, Dental, Fitness Center, Funeral Home, Gas Station, Golf Course, Healthcare Facility, Hotel, Motel, Industrial, Marina, Manufactured Housing, Medical Center, Mini Storage, Mixed Use, Multifamily, Nursing Home, Office, Restaurant, Retail Center, School, Self Storage, Seniors Housing, Student Housing, Veterinary, Warehouse and many others.
Your Next Step:
To get started, or for more information about qualifying for a New Jersey commercial mortgage, you can:
• Complete the quick online application (filling out the form usually only takes about 5 minutes);
• Check out the current interest rates for New Jersey commercial loan financing;
• Learn more about the various mortgage loan options that are offered;
• Contact us by email: commercialloans@thetransactiongroup.net
